While there has been a large empirical literature on productivity spillovers from foreign to domestic firms this …

reviewing possible sources of FDI induced spillovers. It then provides a comprehensive evaluation of the empirical evidence on … productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a … range of possible spillover channels, robust empirical support for positive spillovers is, at best, mixed. The reasons for …

achieve similar volatility than fully deregulated labor markets. Flexibility at the margin produces a gap in separation costs … de labor market volatility. This increased volatility is partially reverted when limitations in the duration and number … explain the similar volatility observed in many regulated OECD labor markets with flexibility at the margin vis-à-vis the …

individual effects on economic growth and volatility using the power-ARCH framework with annual data since the 1890s. The results …

combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …

paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …

What is the relationship between economic growth and its volatility? Does political instability affect growth directly … or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual … legislative changes) has an indirect (through volatility) negative impact. We also find preliminary support for the idea that …